What did you buy with your Bitcoin as Plan B for the future?

[xuan87]

When Bitcoin hit the peak price I sell some and invested in alt coin, altcoin has been proven got a better rising than Bitcoin even though that it's more risky, and now I sell some of my Bitcoin to invest in gold and stock, the market if Bitcoin is very unpredictable so it's hard to make profit in trading, so I invest some on the Fiat investment

[farosa]

So even if it is Bitcoin, divide it instead of invest in just one thing. As a matter of fact a lot of money is needed to trade Bitcoin and it is more rewarding ''to invest from investment to investment''. I want to say that find out the expected altcoins for the price increase and jump to the another after earning.

[Walter_Roberts]

I have a plan B to buy an ICO Token that is dying in the current exchange market, because many ICO Tokens have prices far from the ICO price. Well, my plan is to buy it with only a little money that I have, but if the price of Tokens is very cheap on the market, I will get a lot of Tokens, so I will hold until the price of Bitcoin rises, because if Bitcoin rises it will be followed by all Altcoins.

All currency is highly dependent on Bitcoin, as soon as it starts to grow, it will pull along with it and everything else.

[LogitechMouse]

None. I didn't spend my Bitcoin in a Plan B. My Plan B is to accumulate more Bitcoin at this moment since the price of it is considered low. I think investing in Ethereum will be good too but a little too late.

Lucky for some people who sold their Bitcoin in its peak  because they are sitting right now in a huge profit and either used it for business or buy some needs or it has been invested to other income producing things. Sad for me because at that time, I'm just starting to know cryptocurrency .

[jake zyrus]

I don't buy anything by bitcoin till now but I sold bitcoin and then fiat currencies reaserve in nearest banks for my child and wife. Because bitcoin and altcoins are not permitted by my government.

You're great, cause you are responsible husband cause you have planned for your families future, the profit you get ,you directly deposited in bank and even your government did not allowed bitcoin in your country you know what to do how to earn money and to save for your family's future.

[Ezenwanyi1]

I think I like the strategy even though it has never occurred to me as plan b.
In my own case, it was not bitcoin that I sold actually.
I sold some of my altcoins and then bought gold with the proceeds.
The market conditions of last year pushed me into doing that .

[amonymous]

Actually my countries no have any shops to use Bitcoin,but I use Bitcoin through with my investment,trade and for the exchanging ability. 4Month before I purchase Bitcoin lower price but now I see it already huge down.
Unfortunately,my bad for me again because now Bitcoin price huge down but my investment target already done.in fact again I want to buy more Bitcoin but now this time I have no huge opportunity to available cash fund with my hand.but I'm sure few days later again I do buy some.

[otundebis]

I was able to make good profit on my bitcoin last year and I also made decision to hold several asset apart from cryptocurrency.  I held 50% of my profit in bitcoin and the other 50% in real estate.  Today,  I have residual income coming from real estate!

[Oceat]

None. I didn't spend my Bitcoin in a Plan B. My Plan B is to accumulate more Bitcoin at this moment since the price of it is considered low. I think investing in Ethereum will be good too but a little too late.

Lucky for some people who sold their Bitcoin in its peak  because they are sitting right now in a huge profit and either used it for business or buy some needs or it has been invested to other income producing things. Sad for me because at that time, I'm just starting to know cryptocurrency .

There is no late in investing because if you come to see the market today it just drops again, it might be a good time to invest in ETH or BTC if you wish so. While you accumulate today you just have to wait for the peak too to come then that is your time to sell most of your coins collected. Without having a backup plan will totally fuck you up in the long run.

[Finestream]

I was able to make good profit on my bitcoin last year and I also made decision to hold several asset apart from cryptocurrency.  I held 50% of my profit in bitcoin and the other 50% in real estate.  Today,  I have residual income coming from real estate!

That's good to hear.I was able to make profit at that time too and so i have finished building with my dream house and have bought a family car.Hopefully this year will give us more profits so we can also start some good businesses in the real world.I know this will really happen in the perfect time.So let's be more patient and even productive in the crypto community.

[richminded]

I don't buy anything by bitcoin till now but I sold bitcoin and then fiat currencies reaserve in nearest banks for my child and wife. Because bitcoin and altcoins are not permitted by my government.

You're great, cause you are responsible husband cause you have planned for your families future, the profit you get ,you directly deposited in bank and even your government did not allowed bitcoin in your country you know what to do how to earn money and to save for your family's future.

Know your purpose of earning money and don’t just think about the things that you want to have. If i have my own family, i will do the same thing because I’m living not for myself anymore, and more lives are depend on me on how I behave with my finances. Honestly, I don’t have any plan b for now, I don’t know what to buy and how to spend it in the future, I hope to spend it in a meaningful way.

[iMark]

When Bitcoin hit the peak price I sell some and invested in alt coin, altcoin has been proven got a better rising than Bitcoin even though that it's more risky, and now I sell some of my Bitcoin to invest in gold and stock, the market if Bitcoin is very unpredictable so it's hard to make profit in trading, so I invest some on the Fiat investment

Thats good idea, backup plan is very important to make, even you can also make plan c or plan d, the most important thing is diversify is very good for reducing risk. You can invest in other things like gold, silver, stocks and many others

[harleymasters]

It looks like I made a big mistake without thinking like you. I had the capital with a value of 20 times the amount of money I spent when I joined this market. But I didn't drop any of my bitcoin to invest in something else. Now I really want to invest in marketing and business but really have no money to do it. A few friends also suggested that I participate in the transportation business. It's a pity that I had to miss too many opportunities because of this decision!

[ethereumhunter]

It looks like I made a big mistake without thinking like you. I had the capital with a value of 20 times the amount of money I spent when I joined this market. But I didn't drop any of my bitcoin to invest in something else. Now I really want to invest in marketing and business but really have no money to do it. A few friends also suggested that I participate in the transportation business. It's a pity that I had to miss too many opportunities because of this decision!

We all make a mistake in our life, not just you. But we have a chance to invest now, and I am sure we can use the opportunity if we want to grow our wealth. But we need to accept the risk inside of the investment itself because if we understand the risk, we can be careful to decide and of course, we can trying anything to survive. I made a lot of mistakes too, but I still want to fix my mistake by not making the other mistake, and I still learn to be careful everytime I make a decision.

[Whosdaddy]

A year or two ago, I was one of the lucky people who broke even with my investment capital and since then I made almost 800% profit on the capital that I invested in Bitcoin. I decided very early on that I would not have all my eggs in one basket and I started to sell some bitcoins to buy assets and also collectables <Old coins> to serve as a plan B.

How many people sold some bitcoins for some profit and used that profit to invest in something else, just in case something went wrong with this experiment?

If you follow the same strategy, please share your thoughts on what you are buying or planning on buying to distribute your investment portfolio?  

Maybe it is not a bad decision ? Maybe if you did invested into something else you would have had much worse outcome ?
Maybe that would make you lose all of your money quickly, maybe keeping it in bitcoin was the smartest decision because in 2 years it will be x20 than right now ?

We still don't know the results until that person has either enough money to live forever or has no money at all. Bitcoin is not dead, you are not dead, he is not dead so we still have time to wait and see if bitcoin is better or not, maybe it will move slower and you will be at a loss for longer while transportation people make money but in the end maybe you will pass them.

I had a lawyer friend who made a ton of money and much more than I did but last year I made a lot more than him thanks to the increase, now he is making more than me again but who knows maybe I will pass him again.

[gabmen]

When Bitcoin hit the peak price I sell some and invested in alt coin, altcoin has been proven got a better rising than Bitcoin even though that it's more risky, and now I sell some of my Bitcoin to invest in gold and stock, the market if Bitcoin is very unpredictable so it's hard to make profit in trading, so I invest some on the Fiat investment

Thats good idea, backup plan is very important to make, even you can also make plan c or plan d, the most important thing is diversify is very good for reducing risk. You can invest in other things like gold, silver, stocks and many others

Right. Times like these when the market is down, it's unavoidable. And people who don't have contingency plans usually end up using up all their coins unwantedly. Whether it be other crypto investments, physical assets and businesses, it's important to have a fall back.

[iMark]

When Bitcoin hit the peak price I sell some and invested in alt coin, altcoin has been proven got a better rising than Bitcoin even though that it's more risky, and now I sell some of my Bitcoin to invest in gold and stock, the market if Bitcoin is very unpredictable so it's hard to make profit in trading, so I invest some on the Fiat investment

Thats good idea, backup plan is very important to make, even you can also make plan c or plan d, the most important thing is diversify is very good for reducing risk. You can invest in other things like gold, silver, stocks and many others

Right. Times like these when the market is down, it's unavoidable. And people who don't have contingency plans usually end up using up all their coins unwantedly. Whether it be other crypto investments, physical assets and businesses, it's important to have a fall back.

Yeah people who have a backup plan certainly won't be confused when bad conditions occur. they still have backup funds to buy
again, and they don't use capital that can't afford to lose, so this is a safe move. from now on make plans and backup plans

[mariah.sadio]

I hope it will hit its price peak this year just like its price from year 2017. I have been planning to use some of my bitcoin in opening a physical business in my place.